Why do people keep bumping this thread. BTC is never going to die, its here almost 10 years already.
Because people do not believe that whatever bitcoin crisis we may experience bitcoin will still not die. It has already surpass the major crisis few years back so it is more stronger now together with the growing community of bitcoin. |
|
|
|
Devs are working on a short-term roadmap. Please stand by,we should receive it very soon.  I will hold on with your words, I think you know something, I really have no choice at the moment because if I get out I will selling for a lose. Too bad if this project will die and many will at lose, let us hope for the positive things to happen in the next few days to come. |
|
|
|
If you are talking for saving my money then for that I will choose for bitcoin because at there I do not have to pay taxes and fees, and at there I earn daily profit which is much bigger then the interest of banks
If you have much money in real life, i think it's better to save it on bank. Because you will get a nice interest and get passive income for it. It's not big though, but it's still good. I agree with you bank will never scam you considering you invest in Great banks in your country but for me i also want to invest in bitcoin even in short term because as i can see the value of bitcoin was continue to grow and it will gives us good profit True bank may not be a scam and will certainly continue to increase so that it can keep pace with the times. If for a long-term investment and large capital could have to invest in the bank, but bitcoin also for short-term investments. So that both are equally needed in my opinion. I agree, bitcoin investing is really worth it; if you noticed recently after the halving, the bitcoin value reached around $750, you just got to know the right time to make the best profit during that period. Even though, the value it is at right now is quite reasonable. I am going to agree with it, bitcoin investment is really worth it rather than investing it to bank but if we are going to think about safety. Banks are much safer to invest for rather than bitcoin. And bitcoin is really risky at all, but of course if we are not going to take the risk we are not going to gain nothing. Very well said mate, risk takes usually got rich because they are the one who can easily spot the right opportunity while those people who are playing safe will live the same life they have until they grow old which is not every man's dream. |
|
|
|
i am not thinking that price will reach 4000$ but i think i will reach atleast 2000$ . since no one can accurately say that what price will be but in my openion the price will be above of 2000$.
I see no reason for bitcoin to go upto $2k USD anytime soon as it has not yet reached $600. Even I don't know whether the bitcoin price will achieve the $1k level by December 2016. Bitcoin is testing our patience since long time as its really taking long time to touch the $1k mark, and I think we still need to hold our nerves to see that price. Even though some may sell there coins as of now but for sure many would see bitcoins price as of now as an opportunity to buy more. As you said bitcoin is just testing our patience since long time. $1k mark would be very hard since we are just stuck up at $500+ but as we expect it would gradually increase it price but the question is when? There is no big issue as to when will the increase to happen as long as we can see an increase of bitcoin price which is what we are waiting for to happen. I need to trust bitcoin because my investment relies on the price increase in order for me to get my profit so I just need to hope further until there will be an increase. |
|
|
|
Well anyways it doesn't matter for me of how many people uses bitcoin. I am more interested on how big those people who uses bitcoins because even if a lot of small time bitcoin users it would merely equates to only a group of people who may considered as a big fish in this industry
yes we need to hope that someday there will be a great company that will receive a payments via bitcoin, only that can make bitcoin prices rose. I think were few companies in the first world countries that receives payment via bitcoin. The problem is that there were still a lot of countries who does not conisder bitcoin yet which makes it hard for us Yeah right its because bitcoin is unpredictable they can not set what price should be the price of their product or service.. Also for costumer protection and their protection.. unlike using paypal that they have a power to start a case or dispute.. that why they are not still consider bitcoin as payment.. Good thing right now is that coinbase i think now allows you to cash out to your paypal account. Bitcoin might be bad in terms of purchasing items online but transfering of money is easy as 123 It's true because you can easily transfer your money anytime as long as you have the internet, that really makes me amaze every time I do transfer of bitcoins and the fact that you can easily check in the blockchain makes it more convenient and comfortable for us. |
|
|
|
since i am indian and in india there is no practical way to spent btc . but i am using btc to spent at purse.io to purchase some gift card and purchase items .
That's already a good way to spend your bitcoin, with the help of the site we were able to use our bitcoin to purchase some good items that we need. Practically, I want to buy in amazon but since I do not live in US, my worries now would the huge shipping fee so I cannot do it for now unless it is really important. |
|
|
|
Should be sports betting, if you are a sport lover, you can win more than lose, it means that you will have profits in the long term.
You cant be sure even if you play on sports betting you cant guarantee that it would make you good profits in the long run because as we all know theres no such good profits out of gambling unless if you are really a lucky person then it would be possible. It will always tell the story that gambling is not for everyone, that's a hell of a job for someone to make money in gambling consistently. Others can make there living in gambling but not all of us, so we need to evaluate our capacity to make money in gambling before we jump in. |
|
|
|
That's true, one step at a time fellas don't be too excited as we will totally reach that level in due time. That will happen in the future if we will continue to support bitcoin as we are one of the supporters who will make bitcoin a success.
I think the bitcoin price could rise to $1200 this time next year. By the end of 2017, the price could be $1600. How can be you so sure that end of 2016 the price will be 1600$ , when we are not even sure what will be the price by the end of this month. I think no perdition is true for bitcoin as it is unpredictable. Yeah no one can predict the price of bitcoin as its simply impossible, its just an speculation of the people but to be honest I think bitcoin reaching to 5 digits will really take very long time. when bitcoin does surpass five digits, it could be that others see it as more legitimate. may be i am wrong, i think the price will reach five digits within 1 year. Its too early to expect that price from bitcon, as its taking long time even to hit the 4 digit price so I think it will be not that easy to achieve that price in this year. It will just come at the right time I guess, bitcoin is not easy to predict when your basis is the pricing but it is easy to determine that the price will increase in the future but to how much, we cannot ascertain that. It could surpass the 4 digits prediction if the massive adoption will happen soon. |
|
|
|
So now use credit cards and can not carry money and buy for cashless payments. Or to transfer money through the Internet. Of course bitcoin is still very young, but look at how much it will be enough.
not everyone uses a credit card, at least for people who have lots of money, because the interest bill is so high I think. but it will be different with bitcoin, has a low cost, and is also easy to use anytime and anywhere. There are credit cards, and there are debit cards. Just clarifying for those who are not familiar with the latter. And unlike the former, banks often pay interest on the money held on such cards. Needless to say that you cannot go over the balance of such a card (unless you specifically allow overdraft, which is rare since debit cards usually don't permit this)... And they are perfect for cashless payments Debit and credit cards have revolutionized the way we pay for goods and services. In fact, since the advent of eCommerce and Internet shopping, cashless payment systems have become more important than ever. Put simply, debit and credit cards provide a quick and secure way to pay for things without the need for cash. Many banks (and payment systems which are not banks) now allow to issue virtual payment cards which can be created specifically for making purchases online in the case you don't want to use your real card or just don't have one. Some Bitcoin exchanges (like former Bit-X) and wallets (like Coinbase) released their own Bitcoin payment cards, either real (CoinsBank debit card) or virtual (Coinbase Shift card)... And renamed themselves into "banks" of sorts soon thereafter (e.g. CoinsBank) That's good to know at least that would bridge the problem on the difficulty to spend our bitcoins online. With that services, we will surely can spend anytime to buy some stuffs online and that would be very convenient to us. |
|
|
|
Is there a way to determine the number of people who are actually using Bitcoin till date? Who would have access to such information? Meaning a way to find out, how many new people have used Bitcoin in 2016 , so that we can say exponential growth is natural not artificially created by hoarders.
There is no way to see that actually, because the people using bitcoin are not always using the same platform and with people using different platforms of bitcoin is hard to be counted, if every bitcoin user was using just one wallet for example then maybe that could have been possible through that. Its really difficult to calculate the exact percentage of people using bitcoins as its never possible, but the users are regularly increasing as time passes by. It's obvious that there's no way to accurately predict the number of bitcoin users be it active or dormant as the only information that we can get our hands on is the number of addresses that are or were once active and that information enough wouldn't suffice since people can own multiple addresses. However, it does provide us with the opportunity of assumption of how many bitcoin users there can be. We don't need to know the exact number of users since it is impossible to know that, as long as we believe that the numbers are a lot, that would be your basis to invest in the future as it would guarantee that many are trusting bitcoin to succeed. |
|
|
|
Rule changes/additions:
(LIR team is free to evaluate them and decide whether or not they should be implemeted)
1) Posts in off-topic, Politics & Society, *(Removal of meta from the rule)* , Archival and Local forums, Games and Rounds, Beginners & Help, & Investor-based games, Micro-Games, Scam Accusations will not count. Posts in any signature, avatar or twitter thread will not count.
2) We will not pay for any posts with less than 80 chars. In addition if a participant is found to be spamming only one-liner posts they will be removed without pay in extreme cases and will be paid from 50-80% if those type of posts aren't excessive.
3) Participants with negative trust are not accepted and if you receive negative trust from Default level 2 or above while in campaign you will be removed.
4) In addition to rule 3, if a participant is found to be temporarily or permanently banned via his main or even his alt accounts, you will be removed.
5) Any additional characters in signature codes are not to be inserted unless such update arrives from the campaign manager. Removal of signature at any time will cause removal from campaign without pay. Using the avatar or Personal Text to advertise any competing sites is also not allowed.
6) Lastly, mexxer-2's decision on any matter is final. If you sign up you are agreeing to this.
That should be all for now.
Sidenotes:
1) Inform the campaign manager via post in the signature campaign thread(this thread) or via PM about any rank changes, after the ongoing round is completed.
Accepting your rules, and these rules are much better for the success of this campaign and for the project. LIR will get success, every successful coins face some problems. and I know that it will be a more successful altcoin in the coming future. and my account is upgraded to Sr.Member from last week, want to be with Sr. members on your spreadsheet. I have read your New Rules and i have found no big change in them. Two important changes you have forget to mention here. 1-Is this campaign still bi-weekly ? 2- Will the Hero Members and above will be paid in LIR or Bitcoins. I think most of the people are just dumping the LIR coins collecting from such bounties and it is not helping LIR much. Price is now below 1000 Sat. there was a time when the price was above 2000 SAT. That happens because there was something going on inside, if you can see at the original thread of LIR, there are accusations that the developers are scamming there investors and that is so unfavorable for any investors now since the price is not really good at the moment. |
|
|
|
I use bitcoin as a normal currency and no different.I do not use it as investment either i use them for the gambling purpose or i do mobile recharges with it which is used in daily life and also helps me save some cash for myself.If i have some big amount then i usually withdraw them to my bank account.
I actually would like to thank you for being a good spender of your bitcoins, you have made a great contribution on the market by doing that. You help to push the demand of bitcoins which is good for us investors, if more people will do the same thing like you do I will see a good price in the near future. |
|
|
|
Yes investing in multiple altcoins is the best way to minimize risks as even if one coin disappears you always have an opportunity to recover your loss from other.
Yes , but you must has enough amount of bitcoin for recover your loss also you must make balance between each coin you invest and if you can , learned from your experience about choosing a right coin , when you must sell it or buy it . It would be better to calculate first your profit and loss if you buy and sell an altcoin for that price and then when a price is hit and a position was triggered then you can adjust accordingly your target price for other altcoins. The key here is to have patience in order for your target price price to be hit and to recover any losses if ever you have one. Observing or studying also the movement of the coins will be a big help in choosing the right one. That's true because you do not just bet base on your prediction without a support, you need to study the nature of such coins on how stable it is. Some coins are shit coins so when you are not careful you might lose all your investment easily. |
|
|
|
Maybe if a super rich man buys a millions of bitcoins. Im sure the price of bitcoins will rise drasticaly. Im not a rich person so i cant buy that much of bitcoins. If many people will buy bitcoins. When the demands of bitcoins are high. Definitely it will rise. People can manipulate bitcoin price.
That is the manipulation, buying is just normal in bitcoin and when big buy wall is there the price will increase as it is back with the law of supply and demand. It is only the whales has the possibility to manipulate the price now but it will still back up again because that is our interest to see the price rising. |
|
|
|
That's right, i don't know about bitcoin becoming an alternative currency but i can surely say that bitcoin is the best currency for online transactions because it is easy to send and receive and way more faster then other currencies used online.
Bitcoin is mainly for online financial transaction domination so it's considered as the best currency when in terms to online transaction. But you know even fiat or other currencies can also experience fast transactions and it's present in most of the countries now like here in our country where sending money to an account is just one click away. Yeah that is true, but you also certainly know that bitcoin will much more profitable for us, because the price of bitcoin is unstable and it is a value added that is highly visible to everyone using bitcoin. Bitcoin is better for investment because the prices are quite promising, but not yet suitable for bitcoin transactions because the law will not be clear for bitcoin Even though the price of bitcoin is unstable at the moment. It is much less volatile than three to four years ago. Maybe the price is quite less volatile then the times before but it has never been stable and it will always be like this i guess till there are investors and sellers the price will keep growing and dropping like this. i believe that bitcoin could see upside market moves in the near future even though price is less volatile and unstable. That should happen in the future, bitcoin should increase in value because it will become more popular, the system is really great where it is the best currency so far in terms of online transaction, and that benefits should be experience by more people to attract them to adopt. |
|
|
|
what else is there to say? LMAO
you all deserve it so im just laughing, next time use your brains instead of that sheep mentality
reading this thread was the best part of my night , thx guys.
Cryptodevil, i love you. thx again for keeping me safe even tho your an asshole haha
Wow, LIR is down to 50 sat this morning with a low of 36 and buy wall non existant - glad I only had profit from LIR trading invested into the coin. It'll take a superhuman effort to get out of this. I really feel sad with that is happening with our investment, maybe I just bought LIR at the wrong time, because when I save the price was 500 satoshis, I also took a little amount and not it is very low and now way I can sell it now for profit. |
|
|
|
it is not a crash but it is normal because many miners abandon mining bitcoin while they moved to other profitable project so 400 $ by the end of this year is definitely possible price.
Really lol?? Other profitable project and then what? It will just add more troll coins in the making. Bitcoin is only crypto that can last for a long term. Other coins are just for short term profits. So a serious miner will just put efforts on bitcoin even the rewards are drop. Yes i agree with you bitcoin is only long lasting project but with halving everyone knows that mining bitcoin is not profitable anymore . Even with halving and miners profit reduced to half, there is no stoppage of mining. Bitcoins prices are still going up . The people who have setup large infrastructures for mining are not going to give up and it is still profitable to them. That's all what we are waiting to happen which is the price increase, I think it could happen this year and there is no major crash really as the price is backing up already, it takes a little time before we will sit comfortably to $600+ as the previous price before the fall back. |
|
|
|
Bitcoin gambling is better than any other type because of the low amount you can play with. On Dice games, I can play with 1 satoshi. There's no other casino accepting that small amount except the ones for Bitcoin. Also, it's fast and secure. But USD gambling is far more popular and played than BTC is.
Its is true, i can gambling with ease because the minimum amount to bet is small so if i lost i wont lost much, for now usd gambling is still more popular because bitcoin is not really famous yet, but the growth of bitcoin casino gambling is very fast now, so in the next few years, bitcoin casino will be more famous because the anonimity and the easy way to register The lesser the minimum bet the more it will attract the gamblers to play, as a gambler we would like to explore as much as possible all the gambling sites to get the experience we like to have, so it will definitely increase the market of the gamblers and would explode in the future. That's true about gambling if you are going to attract gamblers the best way is by doing that strategy. Because gamblers are just getting the cent of a gambling site and if they are experiencing classic gambling experience for sure they are going to get back to it and even they are going to advertise your site for free. That is their strategy that is why they are so profitable, say for example in dice, any amount of money can be use as bet at the minimum amount and since the result is very fast it would also be faster for them to make money as they have the house advantage. |
|
|
|
We can not sure the total number of users of bitcoin in the world but one thing i sure that most of the people now are starting to adopt bitcoin and start using it and part of their life.
I agree, the number cannot be determine this time but we can still feel it now, I think the number of users are increasing from time to time and it will continue to increase, we can only do for now is just to estimate and the price is our basis for now. |
|
|
|
But you know even fiat or other currencies can also experience fast transactions and it's present in most of the countries now like here in our country where sending money to an account is just one click away.
Add to this the fact that it is impossible to send your money nowhere and next to impossible to send it to a wrong payee (that would require you to go totally nuts), while with Bitcoin you can shoot yourself in the foot even easier than you could fall off a log... In this aspect Bitcoin is like a hand grenade with the pull ring removed I can say that other form of payment could also be fast but with bitcoin the it is not only fast but it is also cheap, imagine how much you can save if you are transacting regularly online, maybe this is the reason why smart people are using bitcoin to transact online rather than their bank accounts. Definitely very fast, what I like about bitcoin is you do not need to fill in a lot of information when transferring online, you just need to send it a the right bitcoin address and then you are good to go, other payment processors does not have that and they may even freeze your funds if there is something wrong they will see. |
|
|
|
|
Show Posts
